[NE-anarchists-an] [fwd] Call to Action against coal industry investors on june 8 - day of action against climate change and the G8

Chris Shirley cgshirley at gmail.com
Tue Jun 5 12:31:51 PDT 2007


Call to action against coal industry investors on the International Day of
Action against Climate Change and the G8

The G8 leaders meeting in Germany behind their fences and soldier are
leading us further towards catastrophic and irreversible climate disaster.
The time has come to act.

The international day of action against climate change and the G8 has been
called by the international Rising Tide network.  Actions are planned
throughout the G8 countries and around the world. For more information
including the full call to action check out www.risingtidenorhtamerica.organd
www.risingtide.org.uk

The coal industry, like all industries, relies on massive investments from
Wall Street and international financial institutions such as Bank of America
and Citigroup. They fund everything from mountaintop removal coal mines, to
the newest wave of dirty coal plants. Without these massive influxes of
capital, coal companies would be severely restricted in their ability to
maintain and expand their destructive extraction operations. Rising Tide
North America is calling for actions against the financial backers of coal
companies on June 8th in solidarity with the G8 protests in Germany and
against the root causes of climate change. Targeting banks and investors is
an easy and direct way to lend solidarity to communities fighting against
the devastation of their homelands by greedy coal corporations. Below is a
by no means comprehensive list of investors:

Bank of America:

Major subsidiaries and brands: MBNA Credit Cards, FleetBoston Bank

2006 Revenue: $117 billion

Headquarters: Charlotte, NC

CEO: Ken Lewis

Website: http://www.bankofamerica.com

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, Cleco Corp, Consol Energy
(CNX), Florida Power & Light,
Foundation Coal Holdings, International Coal Group,
Massey Energy, Peabody
Energy, WPS Resources.
Citi Inc.

Major subsidiaries and brands: Citigroup, CitiCorp,
Smith Barney, Diners Club
Credit Cards, CitiCard Credit Cards, Primerica, BanaMex.
Headquarters: New York, NY
2006 Revenues: $146 billion
CEO: Charles "Chuck" Prince
Web Site: http://www.citigroup.com

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, Ameren, Arch Coal, American
Electric Power, China Coal
Energy Company, Consol Energy (CNX), Dominion
Resources, Duke Energy, Dynegy,
Florida Power & Light, Foundation Coal Holdings, LS
Power, Massey Energy,
Mid-American Energy, NRG Energy, Ohio Edison Electric
(FirstEnergy), Peabody
Energy, PPL Energy, Rio Tinto, Southern Company TXU,
Xcel Energy, WPS Resources.

Credit Suisse:

Headquarters: New York, NY, with parent offices in
Zurich, Switzerland
2006 Revenues: $7 billion (US arm only)
CEO: Brady W. Dougan
Web Site: http://www.credit-suisse.com/

Known Recent Financial Involvement with the following coal and power
companies:

American National Power (International Power) Duke
Energy, Dynegy, LS Power,
MidAmerican Energy, Ohio Edison Electric (FirstEnergy),
Peabody Energy, PPL
Energy, TXU.

Goldman Sachs:

Headquarters: New York, NY
2006 Revenues: $69 billion
CEO: Lloyd C. Blankfein
Web Site: http://www.gs.com/

Known Recent Financial Involvement with the following coal and power
companies:

American National Power (International Power), Cleco
Corp, Duke Energy, Energy
Capital Partners, GenPower Holdings, LS Power, Massey
Energy, Missouri Joint
Municipal Electric Utility Commission, Sierra Pacific
Resources (Nevada Power and
Sierra Pacific Power), Southwestern Electric Power,
(American Electric Power),
TXU, Xcel Energy. International Coal Group,

JP Morgan Chase:

Major subsidiaries and brands: JP Morgan & Co. merged with Chase Manhattan
in
2000. Merged with Bank One of Chicago in 2004. Pier 1
National Bank

Headquarters: New York, NY
2006 Revenues: $61 billion
CEO: Jamie Dimon
Web Site: http://www.jpmorganchase.com

Known Recent Financial Involvement with the following coal and power
companies:

Consol Energy (CNX), Dayton Power & Light, Dynegy,
Great River Energy,
International Coal Group, LS Power, MidAmerican Energy,
Mirant, Missouri Joint
Municipal Electric Utility Commission, Peabody Energy,
TXU, Unisource Energy.

Lehman Brothers:

CEO: Richard S. Fuld.

Headquarters: New York City, NY

2006 Revenues: $46 billion

Website: http://www.lehman.com/

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, Arch Coal, Dynegy, Florida
Power & Light, International
Coal Group, Peabody Energy, Sierra Pacific Resources
(Nevada Power and Sierra
Pacific Power) Southwestern Electric Power, (American
Electric Power), TXU, Xcel
Energy,

Merrill Lynch:

Major subsidiaries and brands: 49% owner in BlackRock
Inc, one of the largest
investors in climate-damaging energy industries
worldwide.
Headquarters: New York, NY
2006 Revenues: $70 billion
CEO: Stan O'Neal
Web Site: http://ww.ml.com

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, BlackRock Inc. LS Power,
Sierra Pacific Resources
(Nevada Power and Sierra Pacific Power).

Morgan Stanley:

Major subsidiaries and brands: Dean Witter, Discover
Credit Card.
Headquarters: New York, NY
2006 Revenues: $76 billion
CEO: John Mack
Web Site: http://www.morganstanley.com

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, American National Power
(International Power), DPL Inc.,
Dynegy, China Coal Energy Company, Duke Energy, Florida
Power & Light,
International Coal Group, LS Power, James River Coal,
Peabody Energy, TXU, Xcel
Energy, Wisconsin Electric.

Wells Fargo:

Headquarters: San Francisco, CA
2006 Revenues: $35 billion
CEO: Richard Kovacevich
Web Site: http://www.wellsfargo.com/

Known Recent Financial Involvement with the following coal and power
companies:

Alpha Natural Resources, Consol Energy (CNX),
MidAmerican Energy, Peabody Energy,
Unisource Energy, Xcel Energy

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